Wingtech sues Nexperia in Chinese court over Dutch government’s semiconductor seizure
Wingtech Technology has filed a lawsuit against its own subsidiary, Nexperia, in a Chinese court. The case, lodged at the Dongguan Intermediate People’s Court, seeks at least 8 billion yuan, roughly $1.1 billion, in damages. It is the first major legal challenge to a European government’s forced seizure of a Chinese-owned chipmaker. The dispute centres […]<br /> This story continues at The Next Web [...]
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